120.52
Legal aid fund.

There is hereby established in the state treasury the legal aid
fund, which shall be for the charitable public purpose of providing financial
assistance to legal aid societies that provide civil legal services to
indigents. The fund shall contain all funds credited to it by the treasurer of
state pursuant to sections
1901.26 ,
1907.24 ,
2303.201 ,
3953.231 ,
4705.09 , and
4705.10 of the Revised Code .

The treasurer of state may invest moneys contained in the legal
aid fund in any manner authorized by the Revised Code for the investment of
state moneys. However, no such investment shall interfere with any
apportionment, allocation, or payment of moneys as required by section
120.53 of the Revised Code.

The state public defender, through the Ohio legal assistance
foundation, shall administer the payment of moneys out of the fund. Four and
one-half per cent of the moneys in the fund shall be reserved for the actual,
reasonable costs of administering sections
120.51 to
120.55 and sections
1901.26 ,
1907.24 ,
2303.201 ,
3953.231 ,
4705.09 , and
4705.10 of the Revised Code.
Moneys that are reserved for administrative costs but that are not used for
actual, reasonable administrative costs shall be set aside for use in the
manner described in division (A) of section
120.521 of the Revised Code. The
remainder of the moneys in the legal aid fund shall be distributed in
accordance with section
120.53 of the Revised Code. The
Ohio legal assistance foundation shall establish, in accordance with Chapter
119. of the Revised Code, rules governing the administration of the legal aid
fund, including the programs established under sections
1901.26 ,
1907.24 ,
2303.201 ,
4705.09 , and
4705.10 of the Revised Code
regarding interest on interest-bearing trust accounts of an attorney, law firm,
or legal professional association.